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Insurtech to Help Address Underinsurance Across Asian Real Estate Assets in 2021 Sponsored Feature

2021/01/22 by Andrew Slevin Leave a Comment

One stunning industry data point from Swiss Re paints a disturbing picture of the challenge and scale of global underinsurance: the re-insurance giant estimates that in the first six months of 2020, only 40 percent of the $75 billion in… Read More>>

China Oceanwide Acquires Genworth Financial in $2.7B Deal, Continues US Push

2016/10/24 by Cheyenne Hollis Leave a Comment

China Oceanwide Holdings continued its US acquisition spree by buying mortgage and life insurance firm Genworth Financial for $2.7 billion. The deal, which is subject to regulatory approval, will see the Beijing-based developer put up an additional $1.12 billion towards… Read More>>

Xu Jiayin

Evergrande Paying $617M to Acquire Chongqing Insurance JV

2015/11/23 by Michael Cole Leave a Comment

China’s most indebted developer, Evergrande Real Estate Group, has branched out into insurance by acquiring a 50 percent stake in a loss-making Chongqing-based life insurer for RMB 3.9 billion ($617 million).

Evergrande, a top-five homebuilder on the mainland, disclosed to… Read More>>

wu xiaohui

China’s Anbang Insurance Bidding $1 Bil to Buy Japanese Real Estate Firm

2015/08/11 by Michael Cole Leave a Comment

China’s Anbang Insurance, which burst onto the world stage last year with its $1.95 billion acquisition of New York’s Waldorf Astoria, has set its sights on a new billion dollar deal – this time in Japan.

The Beijing-based insurer is… Read More>>

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